Saga Contract

Medsea Estates Group PLC
31 July 2006











                                              For immediate release 31 July 2006



            MEDSEA TO SUPPLY SAGA CUSTOMERS WITH OVERSEAS PROPERTIES



             Major international contract for Spanish estate agent



Spanish-based estate agent Medsea Estates Group Plc, has signed an agreement
with Saga Holidays, the UK's leading supplier of goods and services to the over
50s, which will position Medsea as key provider of overseas homes for Saga
customers. Medsea believes this arrangement, which gives it an opportunity to
offer its services to millions of Saga customers, is a significant endorsement
of the Group's credentials and will provide an important source of future sales.




All properties, whether purchased 'off-plan' or on completed developments, will
be subject to Saga's stringent quality checks, as will the overall sales
operation.  Saga customers wishing to make an inspection trip will be provided
with flights, transfers to and from the airport and to the properties, and up to
three night's accommodation in a minimum four star hotel on a bed and breakfast
basis.  These trips will be protected by Saga's ATOL bond and operated in
conjunction with Medsea.



In addition, Saga customers booking a holiday in the vicinity of a suitable
development will be offered the opportunity to pre-register for a free
inspection trip to view the development as part of their holiday.



Properties offered through the scheme will be featured on a new Saga Overseas
Homes website accessible from the main Saga website. The launch will focus on
Spain.



Says Chairman Tony Gatehouse: 'We are delighted that Saga has put its trust in
us. The company is renowned for its high standards and Medsea has the same core
values.  The over fifties are a prime market for buying retirement and holiday
homes in the sun.  With Saga now promoting us to its millions of loyal
customers, we believe this contract will have a positive impact on Medsea's
already healthy sales figures.'



                                    - ends -



For further information  contact:
Medsea Estates Group PLC
Tony Gatehouse, Chairman
Juan Carlos Rodriguez Martinez, Chief Executive               0034 96 570 40 02

HB Corporate
Imran Ahmad                                                       0207 510 8642

Weber Shandwick Square Mile
Terry Garrett/ Alex White/ John Moriarty                          0207 067 0700



Notes to editors:

•         Saga is the leading provider of holidays and financial services for
          people over the age of 50.




                      This information is provided by RNS
            The company news service from the London Stock Exchange